HSINCHU,
The fast response time, high efficiency, brightness, and contrast of FED technology not only compare favorably with traditional CRT technology but also outperform in terms of image quality and power efficiency. FED technology will be focused on high-end display application for future development. Apart from OLED, FED technology will be a new application option in the flat display industry, which will become a strong support for AUO's unique competence in the future.
"Being a total solutions provider of display applications, AUO is
dedicated to developing all kinds of display technologies for offering
customers more application solutions. FED technology will be an appropriate
fit especially for the high-end market needs such as medical or broadcast
displays," AUO's CEO and President, Dr.
FED display is self light-emitting and has great contrast and low power consumption, with no motion blur and deeper color depth -- capable of 12bit gray level. With Sony and FET's efforts, FED technology and the possibility of its mass production have achieved a breakthrough. FED is intended to target high-end display applications.
The acquisition is a highlight for AUO's strategies of actively developing
core technologies in advanced displays, thanks to the efforts and contribution
of the Department of Industrial Technology of
The substance of the agreement includes patents, know-how, inventions, and equipment. Currently FET owns certain core technologies in the FED field. With the completion of the acquisition, AUO will hopefully become one of the few companies in the world that will be able to offer commercialized FED products.
ABOUT AU Optronics
AU Optronics Corp. (AUO) is a worldwide top three manufacturer* of thin
film transistor liquid crystal display panels (TFT-LCD). AUO is able to
provide customers with a full range of panel sizes and comprehensive
applications, offering TFT-LCD panels in sizes ranging from 1.2 inches to
greater than 65 inches. AUO generated
* DisplaySearch 3Q2009 WW Large-Area TFT-LCD Shipment Report. This data is
used as reference only and AUO does not make any endorsement or representation
in connection therewith. 2009 year end revenue converted by an exchange rate
of NTD31.95:
About Field Emission Technologies
Field Emission Technologies, Inc. (FET) was established at
Safe Harbour Notice
AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO), a
worldwide top three manufacturer of large-size TFT-LCD panels, today announced
the above news. Except for statements regarding historical matters, the
statements contained in this Release are "forward-looking statements" within
the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E
of the U.S. Securities Exchange Act of 1934. These forward-looking statements
were based on our management's expectations, projections and beliefs at the
time, regarding matters including, among other things, future revenues and
costs, financial performance, technology changes, capacity, utilization rates,
yields, process and geographical diversification, future expansion plans and
business strategy. Such forward looking statements are subject to a number of
known and unknown risks and uncertainties that can cause actual results to
differ materially from those expressed or implied by such statements,
including risks related to the flat panel display industry, the TFT-LCD market,
acceptance and demand for our products, technological and development risks,
competitive factors, and other risks described in the section entitled "Risk
Factors" in our Form 20-F filed with the United States Securities and Exchange
Commission on
SOURCE AU Optronics Corp.